Product analysis involves examining product features, costs, availability, quality, appearance and other aspects. Product analysis is conducted by potential buyers, by product managers attempting to understand competitors and by third party reviewers. Product analysis can also be used as part of product design to convert a high-level product description into project deliverables and requirements. It involves all facts of the product, its purpose, its operation, and its characteristics.

Techniques

Related techniques include product breakdown, systems analysis, systems engineering, value engineering, value analysis and functional analysis. * Product breakdown: Recursively divide the product into components and subcomponents.

Technology analysis

Technological analysis is sometimes applied in decision-making often related to investments, policy-decisions and public spending. They can be done by a variety of organization-types such as for-profit companies, non-profit

think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmenta ...

s, research institutes, public platforms and government agencies and evaluate established, emerging and potential future technologies on a variety of measures and metrics – all of which are related to ideals and goals such as minimal global greenhouse gas emissions – such as life-cycle- sustainability,

openness Openness is an overarching concept or philosophy that is characterized by an emphasis on transparency and collaboration. That is, openness refers to "accessibility of knowledge, technology and other resources; the transparency of action; the per ...

, performance, control, financial costs, resource costs, health impacts and more. Results are sometimes published as public reports or as

scientific Science is a systematic endeavor that builds and organizes knowledge in the form of testable explanations and predictions about the universe. Science may be as old as the human species, and some of the earliest archeological evidence for ...

peer-reviewed studies. Based on such reports standardization can enable interventions or efforts which balance competition and cooperation and improve sustainability, reduce waste and redundancy, or accelerate innovation. They can also be used for the creation of standardized system designs that integrate a variety of technologies as their components. Other applications include

risk assessment Broadly speaking, a risk assessment is the combined effort of: # identifying and analyzing potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. hazard analysis); and # making judgments "on the ...

and research of defense applications. They can also be used or created for determining the hypothetical or existing

optimal Mathematical optimization (alternatively spelled ''optimisation'') or mathematical programming is the selection of a best element, with regard to some criterion, from some set of available alternatives. It is generally divided into two subfi ...

solution/s and to identify challenges, innovation directions and applications. Technological analysis can encompass or overlap with analysis of infrastructures and non-technological products. Standard-setting organizations can "spearhead convergence around standards". A study found that, in many cases, greater variety of standards can lead to higher innovativeness only in administration. Tools of technology analysis include analytical frameworks that describe the individual technological artefacts, chart technological limits, and determine the socio-technical preference profile. Governments can coordinate or resolve conflicting interests in standardisation. Moreover, potentials-assessment studies, including potential analyses, can investigate potentials, trade-offs, requirements and complications of existing, hypothetical and novel variants of technologies and inform the development of

design A design is a plan or specification for the construction of an object or system or for the implementation of an activity or process or the result of that plan or specification in the form of a prototype, product, or process. The verb ''to design' ...

-criteria and -parameters and deployment-strategies.

References

{{Reflist Systems engineering Product management Analysis

Techniques

Technology analysis

See also

References